Civic Intelligence

Sherwood Memorial Park Inc

EIN 54-0377970 • 501(c)13 • Salem, VA

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Profile

Sherwood memorial park, inc. Operates and maintains a memorial type cemetery and sells burial rights, mausoleum crypts, niches, lawn crypts, various merchandise and related services. Sherwood is a not-for-profit organization regulated under virginia law. The majority of its customers are in the roanoke valley, virginia area. Sherwood sells its products and services on a pre-need and at-need basis and grants credit to customers primarily in this geographic area.

PO Box 30Salem, VA 24153-0030

www.sherwoodmemorialpark.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.23x

Higher debt load relative to assets than 60% of similar nonprofits.

$25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

2.11x

Higher debt load relative to revenue than 88% of similar nonprofits.

$25M-$50M nonprofits • Source year 2024

Net Margin

88th percentile

54%

Higher net margin than 88% of similar nonprofits.

$25M-$50M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$196,092

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

$25M-$50M nonprofits • Source year 2024

Asset Growth

52nd percentile

5.0%

Faster asset growth than 52% of similar nonprofits.

$25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

92%

Faster revenue growth than 88% of similar nonprofits.

$25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$35,774,767

Up $1,708,885 (+5.0%) from 2023

Liabilities

Down

$8,249,140

Down $59,165 (-0.7%) from 2023

Net Assets

Up

$27,525,627

Up $1,768,050 (+6.9%) from 2023

Operations
Liabilities / Revenue88th percentileNet Margin88th percentile

Revenue

Up

$3,911,837

Up $1,874,602 (+92%) from 2023

Expenses

Up

$1,813,596

Up $111,272 (+6.5%) from 2023

Net Income

Up

$2,098,241

Up $1,763,330 (+527%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $20,129,884Liabilities 2011: $7,349,863Net Assets 2011: $12,780,0212011Assets 2012: $21,010,084Liabilities 2012: $7,149,044Net Assets 2012: $13,861,0402012Assets 2013: $22,684,790Liabilities 2013: $7,072,908Net Assets 2013: $15,611,8822013Assets 2014: $23,358,918Liabilities 2014: $7,236,113Net Assets 2014: $16,122,8052014Assets 2015: $23,422,947Liabilities 2015: $7,410,542Net Assets 2015: $16,012,4052015Assets 2016: $24,798,694Liabilities 2016: $8,003,666Net Assets 2016: $16,795,0282016Assets 2017: $26,038,809Liabilities 2017: $7,803,550Net Assets 2017: $18,235,2592017Assets 2018: $25,507,399Liabilities 2018: $7,738,361Net Assets 2018: $17,769,0382018Assets 2019: $27,916,203Liabilities 2019: $7,807,366Net Assets 2019: $20,108,8372019Assets 2020: $30,435,435Liabilities 2020: $7,986,735Net Assets 2020: $22,448,7002020Assets 2021: $33,626,834Liabilities 2021: $8,041,361Net Assets 2021: $25,585,4732021Assets 2022: $32,516,964Liabilities 2022: $8,238,184Net Assets 2022: $24,278,7802022Assets 2023: $34,065,882Liabilities 2023: $8,308,305Net Assets 2023: $25,757,5772023Assets 2024: $35,774,767Liabilities 2024: $8,249,140Net Assets 2024: $27,525,6272024

Highlighted filing

2024

Assets$35,774,767
Liabilities$8,249,140
Net Assets$27,525,627
Open 2024 Filing

Operations Trend

Revenue Growth88th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Revenue 2011: $1,583,159Expenses 2011: $1,519,427Net Income 2011: $63,7322011Expenses 2012: $1,480,1782012Revenue 2013: $2,003,193Expenses 2013: $1,510,689Net Income 2013: $492,5042013Revenue 2014: $2,492,559Expenses 2014: $1,623,563Net Income 2014: $868,9962014Revenue 2015: $2,198,761Expenses 2015: $1,652,341Net Income 2015: $546,4202015Revenue 2016: $2,509,748Expenses 2016: $1,523,867Net Income 2016: $985,8812016Revenue 2017: $2,086,831Expenses 2017: $1,598,942Net Income 2017: $487,8892017Revenue 2018: $2,951,907Expenses 2018: $1,584,551Net Income 2018: $1,367,3562018Revenue 2019: $1,763,814Expenses 2019: $1,515,684Net Income 2019: $248,1302019Revenue 2020: $1,813,706Expenses 2020: $1,546,981Net Income 2020: $266,7252020Revenue 2021: $3,672,890Expenses 2021: $1,631,602Net Income 2021: $2,041,2882021Revenue 2022: $2,911,409Expenses 2022: $1,661,789Net Income 2022: $1,249,6202022Revenue 2023: $2,037,235Expenses 2023: $1,702,324Net Income 2023: $334,9112023Revenue 2024: $3,911,837Expenses 2024: $1,813,596Net Income 2024: $2,098,2412024

Highlighted filing

2024

Revenue$3,911,837
Expenses$1,813,596
Net Income$2,098,241
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$35,774,767
Liabilities
$8,249,140
Net assets
$27,525,627
Revenue
$3,911,837
Expenses
$1,813,596
Net income
$2,098,241
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.8$8.25$27.5$3.91$1.81$2.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.1$8.31$25.8$2.04$1.70$0.33
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.5$8.24$24.3$2.91$1.66$1.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.6$8.04$25.6$3.67$1.63$2.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.4$7.99$22.4$1.81$1.55$0.27
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.9$7.81$20.1$1.76$1.52$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.5$7.74$17.8$2.95$1.58$1.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.0$7.80$18.2$2.09$1.60$0.49
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$8.00$16.8$2.51$1.52$0.99
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.4$7.41$16.0$2.20$1.65$0.55
2014Detailed filing. Detailed filing data is available for this year.$23.4$7.24$16.1$2.49$1.62$0.87
2013Detailed filing. Detailed filing data is available for this year.$22.7$7.07$15.6$2.00$1.51$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$7.15$13.9$1.48
2011Summary only. Only limited summary data is available for this year.$20.1$7.35$12.8$1.58$1.52$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 14, 2025
Return Version
2024v5.2
Gross Receipts
$11,898,274
Mission and Program Overview

Mission

Sherwood memorial park, inc. Operates and maintains a memorial type cemetery and sells burial rights, mausoleum crypts, niches, lawn crypts, various merchandise and related services. Sherwood is a not-for-profit organization regulated under virginia law. The majority of its customers are in the roanoke valley, virginia area. Sherwood sells its products and services on a pre-need and at-need basis and grants credit to customers primarily in this geographic area.

Sherwood memorial park, inc. Operates and maintains a memorial type cemetery and sells burial rights, mausoleum crypts, niches, lawn crypts, various merchandise and related services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,807,365$10,627,956▲ $820,591
Inventories for Sale or Use$5,462,863$5,435,105▼ $27,758
Land, Buildings, and Equipment, Net$2,498,121$2,432,712▼ $65,409
Savings and Temporary Cash Investments$539,234$535,227▼ $4,007
Accounts Receivable$556,319$534,560▼ $21,759
Prepaid Expenses and Deferred Charges$26,184$39,935▲ $13,751
Cash and Non-Interest-Bearing Accounts$300$300→ $0
Total Assets$34,065,882$35,774,767▲ $1,708,885
Other Assets Total$15,175,496$16,168,972▲ $993,476
Liabilities
Other Liabilities$8,234,960$8,174,082▼ $60,878
Accounts Payable and Accrued Expenses$73,345$75,058▲ $1,713
Total Liabilities$8,308,305$8,249,140▼ $59,165
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,757,577$27,525,627▲ $1,768,050
Total Net Assets Fund Balance$25,757,577$27,525,627▲ $1,768,050
Total Liabilities and Net Assets / Fund Balance$34,065,882$35,774,767▲ $1,708,885

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,597,183$2,124,571$3,721,754
Other Land Buildings$452,575$844,285$1,296,860
Equipment$288,232$578,052$866,284
Land$94,722-$94,722
Other Assets Org$925,800--
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan MiniPresident/CEO/treasurerFT$170,720$25,372$196,092
Byron Randy FoleyDirectorPT$8,240-$8,240
Jean G TaylorCOB/vice PresidentPT$8,240-$8,240
Knox L StrubeCorporate Secretary/officePT$8,240-$8,240
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$568,647
Investment Income
$2,581,912
Other Revenue
$761,278
Change in Net Assets
$2,098,241

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,911,837
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$120,471
Total Revenue per Audited Statements
$4,032,308
Total Revenue per Form 990
$3,911,837
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$921,760
Salaries, Compensation, and Employee Benefits$891,836
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$596,860
Current Officers, Directors, Trustees, and Key Employees---$220,812
Fees for Service Investment Mgmnt Fees---$189,484
Depreciation Depletion---$188,545
Fees for Services Accounting---$84,439
Payroll Taxes---$58,620
Insurance---$53,286
Information Technology---$42,491
Advertising---$37,538
Office Expenses---$33,616
Other Expenses---$8,177
Other Employee Benefits---$7,838
Pension Plan Contributions---$7,706
Fees for Services Legal---$2,938
Total Functional Expenses$0$0$0$1,813,596

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,264,258
Expenses per Audited Statements$1,813,596
Total Expenses per Form 990$1,813,596
Expenses Not Reported on Form 990$450,662
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pre-need Deferred Revenue$8,174,082
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“The board of directors has the right, as a majority, to elect new members to the board.”

Form 990, Part VI, Section B, Line 11B

“The 990 is posted on the organization's portal to be reviewed by all board members.”

Form 990, Part VI, Section B, Line 12C

“The forms are updated annually by each employee and director.”

Form 990, Part VI, Section B, Line 15A

“The ceo's salary was reviewed by the board, compared with a similar position in virginia and with the former ceo's salary, and was approved in the board minutes.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are not made available to the public.”

Filing and Contact Details

Filer

Filer Name
Sherwood Memorial Park Inc
EIN
54-0377970
Phone
5403892171
Address
PO BOX 30, SALEM, VA 24153-0030

Signing Officer

Name
Susan Mini
Title
President
Phone
5403892171
Signed
2025-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Mini
Formed
1928
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
3
Employees
14
Volunteers
5

Preparer

Firm
Mclean Koehler Sparks & Hammond
Address
9475 DEERECO ROAD SUITE 408, TIMONIUM, MD 21093
Preparer
Paul M Steckel CPA
Phone
4102966200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2(C):

“The process for overseeing the financial statements has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization follows the accounting guidance for "uncertainty in income taxes." this guidance requires the evaluation of tax positions taken or expected to be taken in the course of preparing the organization's tax returns to determine whether any tax positions would "more-likely-than-not" be sustained by the applicable tax authority. Tax positions deemed not to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense in the current year. The organization believes that its income tax filing positions and deductions will be sustained upon examination and, accordingly, has not recorded any reserves, or related accruals for interest and penalties, at december 31, 2024 and 2023 for uncertain income tax positions. The organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. The organization has adopted a policy under which, if required to be recognized in the future, it will classify interest related to the underpayment of income taxes as a component of interest expense, and it will classify any related penalties in operating and administrative expenses in the combined statement of activities. Currently, the 2021, 2022 and 2023 tax years for the organization are open and subject to examinations by the internal revenue service.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of sales reported on 990, part viii, line 10b 450,662.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of sales reported on 990, part viii, line 10b 450,662.”

Raw XML Appendix392 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt073345
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt075058
IRS990/AccountsReceivableGrp/BOYAmt0556319
IRS990/AccountsReceivableGrp/EOYAmt0534560
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SHERWOOD MEMORIAL PARK, INC. OPERATES AND MAINTAINS A MEMORIAL TYPE CEMETERY AND SELLS BURIAL RIGHTS, MAUSOLEUM CRYPTS, NICHES, LAWN CRYPTS, VARIOUS MERCHANDISE AND RELATED SERVICES.
IRS990/AdvertisingGrp/TotalAmt037538
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0SUSAN MINI PRESIDENTCEOTREASURER
IRS990/BooksInCareOfDetail/PhoneNum05403891677
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01250 EAST MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALEM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd024153
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0300
IRS990/CashNonInterestBearingGrp/EOYAmt0300
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0220812
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt0450662
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02581912
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IRS990/DecisionsSubjectToApprovaInd00
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IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0188545
IRS990/Desc0SHERWOOD MEMORIAL PARK, INC. OPERATES AND MAINTAINS A MEMORIAL TYPE CEMETERY AND SELLS BURIAL RIGHTS, MAUSOLEUM CRYPTS, NICHES, LAWN CRYPTS, VARIOUS MERCHANDISE AND RELATED SERVICES.
IRS990/DescribedInSection501c3Ind00
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IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
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IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt084439
IRS990/FeesForServicesLegalGrp/TotalAmt02938
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0189484
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JEAN G TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm1SUSAN MINI
IRS990/Form990PartVIISectionAGrp/PersonNm2KNOX L STRUBE
IRS990/Form990PartVIISectionAGrp/PersonNm3BYRON RANDY FOLEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt08240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1190520
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt28240
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0COB/VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT/CEO/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CORPORATE SECRETARY/OFFICE
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01928
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01735469
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09271244
IRS990/GrossReceiptsAmt011898274
IRS990/GrossSalesOfInventoryAmt01198560
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndependentAuditFinclStmtInd01
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IRS990/IndoorTanningServicesInd00
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IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InventoriesForSaleOrUseGrp/BOYAmt05462863
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0846443
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt09807365
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010627956
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IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03546908
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IRS990/LandBldgEquipCostOrOtherBssAmt05979620
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SHERWOOD MEMORIAL PARK, INC. OPERATES AND MAINTAINS A MEMORIAL TYPE CEMETERY AND SELLS BURIAL RIGHTS, MAUSOLEUM CRYPTS, NICHES, LAWN CRYPTS, VARIOUS MERCHANDISE AND RELATED SERVICES. SHERWOOD IS A NOT-FOR-PROFIT ORGANIZATION REGULATED UNDER VIRGINIA LAW. THE MAJORITY OF ITS CUSTOMERS ARE IN THE ROANOKE VALLEY, VIRGINIA AREA. SHERWOOD SELLS ITS PRODUCTS AND SERVICES ON A PRE-NEED AND AT-NEED BASIS AND GRANTS CREDIT TO CUSTOMERS PRIMARILY IN THIS GEOGRAPHIC AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01735469
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01735469
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0747898
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0747898
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-330191
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt025757577
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt027525627
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt033616
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt015175496
IRS990/OtherAssetsTotalGrp/EOYAmt016168972
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07838
IRS990/OtherExpensesGrp/Desc0CEMETERY MAINTENANCE
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3SPECIAL EVENTS
IRS990/OtherExpensesGrp/TotalAmt0165649
IRS990/OtherExpensesGrp/TotalAmt165664
IRS990/OtherExpensesGrp/TotalAmt249933
IRS990/OtherExpensesGrp/TotalAmt38177
IRS990/OtherLiabilitiesGrp/BOYAmt08234960
IRS990/OtherLiabilitiesGrp/EOYAmt08174082
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0RENTAL
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013350
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt130
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013350
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt130
IRS990/OtherRevenueTotalAmt013380
IRS990/OtherSalariesAndWagesGrp/TotalAmt0596860
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt058620
IRS990/PensionPlanContributionsGrp/TotalAmt07706
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026184
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt039935
IRS990/PrincipalOfficerNm0SUSAN MINI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0INTERMENTS
IRS990/ProgramServiceRevenueGrp/Desc1CREMATIONS
IRS990/ProgramServiceRevenueGrp/Desc2CONTRACT INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0466830
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt189350
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt212467
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0466830
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt189350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt212467
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0796654
IRS990/PYOtherExpensesAmt0869727
IRS990/PYOtherRevenueAmt0719622
IRS990/PYProgramServiceRevenueAmt0520959
IRS990/PYRevenuesLessExpensesAmt0334911
IRS990/PYSalariesCompEmpBnftPaidAmt0832597
IRS990/PYTotalExpensesAmt01702324
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02037235
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02098241
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0539234
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0535227
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01597183
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02124571
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03721754
IRS990ScheduleD/EquipmentGrp/BookValueAmt0288232
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0578052
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0866284
IRS990ScheduleD/ExpensesNotReportedAmt0450662
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01813596
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt094722
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt094722
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-330191
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08021049
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt17222123
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2925800
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PRE-NEED TRUST INVESTMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PERPETUAL CARE TRUST INVESTMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEFERRED COMMISSIONS
IRS990ScheduleD/OtherExpensesIncludedAmt0450662
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0452575
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0844285
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01296860
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08174082
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PRE-NEED DEFERRED REVENUE
IRS990ScheduleD/OtherRevenueAmt0450662
IRS990ScheduleD/RevenueNotReportedAmt0120471
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03911837
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR "UNCERTAINTY IN INCOME TAXES." THIS GUIDANCE REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S TAX RETURNS TO DETERMINE WHETHER ANY TAX POSITIONS WOULD "MORE-LIKELY-THAN-NOT" BE SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS DEEMED NOT TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, AT DECEMBER 31, 2024 AND 2023 FOR UNCERTAIN INCOME TAX POSITIONS. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION HAS ADOPTED A POLICY UNDER WHICH, IF REQUIRED TO BE RECOGNIZED IN THE FUTURE, IT WILL CLASSIFY INTEREST RELATED TO THE UNDERPAYMENT OF INCOME TAXES AS A COMPONENT OF INTEREST EXPENSE, AND IT WILL CLASSIFY ANY RELATED PENALTIES IN OPERATING AND ADMINISTRATIVE EXPENSES IN THE COMBINED STATEMENT OF ACTIVITIES. CURRENTLY, THE 2021, 2022 AND 2023 TAX YEARS FOR THE ORGANIZATION ARE OPEN AND SUBJECT TO EXAMINATIONS BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF SALES REPORTED ON 990, PART VIII, LINE 10B 450,662.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF SALES REPORTED ON 990, PART VIII, LINE 10B 450,662.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02432712
IRS990ScheduleD/TotalBookValueOtherAssetsAmt016168972
IRS990ScheduleD/TotalExpensesPerForm990Amt01813596
IRS990ScheduleD/TotalLiabilityAmt08174082
IRS990ScheduleD/TotalRevenuePerForm990Amt03911837
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04032308
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02264258
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0170720
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount015000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05572
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt04800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SUSAN MINI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0196092
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAS THE RIGHT, AS A MAJORITY, TO ELECT NEW MEMBERS TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS POSTED ON THE ORGANIZATION'S PORTAL TO BE REVIEWED BY ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORMS ARE UPDATED ANNUALLY BY EACH EMPLOYEE AND DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CEO'S SALARY WAS REVIEWED BY THE BOARD, COMPARED WITH A SIMILAR POSITION IN VIRGINIA AND WITH THE FORMER CEO'S SALARY, AND WAS APPROVED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS FOR OVERSEEING THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2(C):
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt034065882
IRS990/TotalAssetsEOYAmt035774767
IRS990/TotalAssetsGrp/BOYAmt034065882
IRS990/TotalAssetsGrp/EOYAmt035774767
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/TotalAmt01813596
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08308305
IRS990/TotalLiabilitiesEOYAmt08249140
IRS990/TotalLiabilitiesGrp/BOYAmt08308305
IRS990/TotalLiabilitiesGrp/EOYAmt08249140
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025757577
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt027525627
IRS990/TotalOtherCompensationAmt05572
IRS990/TotalProgramServiceRevenueAmt0568647
IRS990/TotalReportableCompFromOrgAmt0215240
IRS990/TotalRevenueGrp/ExclusionAmt02581912
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01329925
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03911837
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt034065882
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035774767
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 30
IRS990/USAddress/CityNm0SALEM
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd0241530030
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.SHERWOODMEMORIALPARK.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN MINI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05403892171
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHERWOOD MEMORIAL PARK INC
ReturnHeader/Filer/BusinessNameControlTxt0SHER
ReturnHeader/Filer/EIN0540377970
ReturnHeader/Filer/PhoneNum05403892171
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 30
ReturnHeader/Filer/USAddress/CityNm0SALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0241530030
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0520547375
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCLEAN KOEHLER SPARKS & HAMMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09475 DEERECO ROAD SUITE 408
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TIMONIUM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021093
ReturnHeader/PreparerPersonGrp/PhoneNum04102966200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL M STECKEL CPA
ReturnHeader/ReturnTs02025-11-04T07:49:42-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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